Civic Intelligence

Lila H Borgstrom Foundation

990EZ • Fiscal year 2020 • EIN 45-3478942

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 06, 2021

Organization Profilelhbfoundation.com
770 Vernon AveGlencoe, IL 60022

(312) 205-4044

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

17th percentile

-31%

Higher net margin than 17% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

48th percentile

2.4%

Faster asset growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

16th percentile

-62%

Faster revenue growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$132,950

Up $3,110 (+2.4%) from 2019

Net Assets

Up

$132,950

Up $3,110 (+2.4%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin17th percentile

Revenue

Down

$32,729

Down $54,330 (-62%) from 2019

Expenses

Down

$43,000

Down $17,000 (-28%) from 2019

Net Income

Down

-$10,271

Down $37,330 (-138%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2019: $129,840Net Assets 2019: $129,8402019Assets 2020: $132,950Net Assets 2020: $132,9502020Assets 2021: $140,803Net Assets 2021: $140,8032021Assets 2022: $164,350Net Assets 2022: $164,3502022Assets 2023: $254,965Net Assets 2023: $254,9652023Assets 2024: $383,312Liabilities 2024: $0Net Assets 2024: $383,3122024

Highlighted filing

2020

Assets$132,950
Liabilities-
Net Assets$132,950
Open 2020 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2019: $87,059Expenses 2019: $60,000Net Income 2019: $27,0592019Revenue 2020: $32,729Expenses 2020: $43,000Net Income 2020: -$10,2712020Revenue 2021: $67,853Expenses 2021: $60,000Net Income 2021: $7,8532021Revenue 2022: $83,547Expenses 2022: $60,000Net Income 2022: $23,5472022Revenue 2023: $178,115Expenses 2023: $87,500Net Income 2023: $90,6152023Revenue 2024: $256,347Expenses 2024: $128,000Net Income 2024: $128,3472024

Highlighted filing

2020

Revenue$32,729
Expenses$43,000
Net Income-$10,271
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 6, 2021
Return Version
2020v4.0
Gross Receipts
$32,729
Mission and Program Overview

Mission

The foundation is exclusively for charitable and educational purposes, which purposes include, without limitation, providing scholarships to students at nicolas senn high school and make distributions to organizations that qualify as exempt organizationsunder section 501(c)(3) of the internal revenue code.

Program Services

DescriptionGrantsExpenses
HE FOUNDATION IS EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, WHICH PURPOSES INCLUDE, WITHOUT LIMITATION, PROVIDING SCHOLARSHIPS TO STUDENTS AT NICOLAS SENN HIGH SCHOOL AND MAKE DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONSUNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL BORGSTROMTreasurer-$0--
MARY E BORGSTROMVice President-$0--
GRACE BORGSTROMPresident-$0--
CHRISTINA HARRISDirector-$0--
VALERIE BORGSTROMDirector-$0--
KATHERINE BORGSTROMDirector-$0--
KAREN BORGSTROMDirector-$0--
STEVEN BORGSTROMDirector-$0--
STUART KRAUSKOPFDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lila H Borgstrom Foundation
EIN
45-3478942
Phone
3122054044
Address
770 VERNON AVE, GLENCOE, IL 60022

Signing Officer

Name
Michael Borgstrom
Title
President
Signed
2021-02-06
Discuss with paid preparer
Yes

Preparer

Firm
Pbg Financial Services Ltd
Address
666 Dundee Road Suite 401, Northbrook, IL 60062
Preparer
Howard Gamer
Phone
8472911400
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.3

“Class of Activity: DONATION | Donee's Name: MERCY HOME | Donee's Address: 1140 W JACKSON BLVD CHICAGO IL 60607 | Relationship of Donee: NONE | Cash Amount Given: $7500”

Grants and Similar Amounts Paid In Excess of $5,000.4

“Class of Activity: DONATION | Donee's Name: CANCER FOR COLLEGE | Donee's Address: 981 PARK CENTER DRIVE VISTA CA 92081 | Relationship of Donee: NONE | Cash Amount Given: $7500”

Raw XML Appendix164 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GLENCOE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARY E BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GRACE BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHRISTINA HARRIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4VALERIE BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KATHERINE BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KAREN BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7STEVEN BORGSTROM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8STUART KRAUSKOPF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt013381
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE FOUNDATION IS EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, WHICH PURPOSES INCLUDE, WITHOUT LIMITATION, PROVIDING SCHOLARSHIPS TO STUDENTS AT NICOLAS SENN HIGH SCHOOL AND MAKE DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONSUNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HE FOUNDATION IS EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, WHICH PURPOSES INCLUDE, WITHOUT LIMITATION, PROVIDING SCHOLARSHIPS TO STUDENTS AT NICOLAS SENN HIGH SCHOOL AND MAKE DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONSUNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt043000
IRS990EZ/TotalRevenueAmt032729
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0lhbfoundation.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt032729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt087059
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt040982
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt038200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt051215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0250185
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt051215
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0250185
IRS990ScheduleA/TotalSupportAmt0250185
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: DONATION | Donee's Name: MERCY HOME | Donee's Address: 1140 W JACKSON BLVD CHICAGO IL 60607 | Relationship of Donee: NONE | Cash Amount Given: $7500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: DONATION | Donee's Name: CANCER FOR COLLEGE | Donee's Address: 981 PARK CENTER DRIVE VISTA CA 92081 | Relationship of Donee: NONE | Cash Amount Given: $7500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.4
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL BORGSTROM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LILA H BORGSTROM FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LILA
ReturnHeader/Filer/EIN0453478942
ReturnHeader/Filer/PhoneNum03122054044
ReturnHeader/Filer/USAddress/AddressLine1Txt0770 VERNON AVE
ReturnHeader/Filer/USAddress/CityNm0GLENCOE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060022
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363430638
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PBG FINANCIAL SERVICES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0666 Dundee Road Suite 401
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Northbrook
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060062
ReturnHeader/PreparerPersonGrp/PhoneNum08472911400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOWARD GAMER
ReturnHeader/ReturnTs02021-02-06T10:29:59-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BORGSTROM
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$132,950
Liabilities
-
Net assets
$132,950
Revenue
$32,729
Expenses
$43,000
Net income
-$10,271
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.83$0.00$3.83$2.56$1.28$1.28
2023Detailed filing. Detailed filing data is available for this year.$2.55$2.55$1.78$0.88$0.91
2022Detailed filing. Detailed filing data is available for this year.$1.64$1.64$0.84$0.60$0.24
2021Detailed filing. Detailed filing data is available for this year.$1.41$1.41$0.68$0.60$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.33$1.33$0.33$0.43$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.30$1.30$0.87$0.60$0.27